Abstract:
Marc Silverman is resigning as director of CTEK's Boulder Venture Center to start a new seed-stage funding group called Mountain Angel Capital, or MAC.

Silverman, a founder and former chief executive of Performance Health Technologies, took over the CTEK position in late May, replacing Jim Pollock, who left to head up a startup in Golden.

Mountain Angel Capital, Silverman said, primarily wants to invest in nanotechnology, software, clean tech and medical devices. It will announce relationships with a local venture capital company, an investment bank and a group of individual investors, all former CEOs who have run their own companies.

The new group plans to incorporate in January, and will make further announcements then.